ActivePhoto 1 of 4
Listed
CHEAPEST 1 ACRE HOME IN THIS TOP NEIGHBORHOOD OR THROUGHOUT MIAMI/MIAMI-DADE. SOLD AS IS FOR LAND VALUE ONLY, NO SHOWINGS (DO NOT BOTHER THE RESIDENTS). THERE ARE TWO HOMES ON ONE ACRE. BOTH HOMES CAN GENERATE OVER $10,000 IN LEASE REVENUES AS THEY ARE NOW. SOME TLC NEEDED. BUT ABSOLUTELY NO PREMIUM AND/OR VALUE IS CONSIDERED FOR THE HOMES. NO CONDITIONS AND OR CONTINGECIES IN THE SALES CONTRACT. ALL CASH. OWNER IS HANDICAPPED AND IN A FRAGIL HEALTH CONDITION. HE REQUIRES AT LEST 120 DAYS FULL POSESSION AFTER THE CLOSING DATE, TO FIND ANOTHER PROPERTY AND RELOCATE. THIS IS HORSE PROPERTY AND ZONED FOR TWO HOMES (MAIN AND GUEST HOUSES) PER BUILDERS ACRE. IDEAL FOR BUILDERS TO DEMOLISH AND BUILD A MANSION. PRICE IS FIRM
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.That is what landlords ask, not what units let for — edit it if you know better.
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.
Request a private or video tour with a local agent.